A. Introduction The scope of this report is to provide project managers with valuable insights on the author’s own philosophical view on project management, focusing on the organization’s internal & external environment and circumstances affecting the project’s success eg. The project management structure, forming virtual teams, and the organization’s stakeholders etc. Laufer et al. (2015) had also emphasized the importance of long-term planning in dealing with these unforeseen events, which raises the point that project managers must be well-equipped with the proper knowledge and tools to appropriately handle such situations.
Organizations who jump the gun and do not take the time to allocate their resources suffer in the long run. Resources are an essential component of the business and the organization needs to understand their importance and not be wasteful. Finally, the organization needs to understand the first to steps thoroughly so that they can implement innovations and manage them wisely. Understanding all of the steps involved with innovation is essential for an organization to be successful. There are many aspects involved in managing technological innovation.
The following step is implementing the business process required to the organization. Each stages needs to have a clear objective. To have a well-managed organization, the last step is really significant which is to asses results. The organizations need to assess the effectiveness of the business process continuously by creating policies, and procedures. The organization will create a new model and improve the business process when the need of change takes place.
A managing director will emerge and identify the key deliverables, provide a vision, manage workflow, and delegate accordingly. The next step is to set up a schedule for completing tasks. A schedule provides a structured framework within which progress can be measured. Planning is more like contingency planning because it is a series of interventions that look to improve overall effectiveness and employee well-being. Organizing The ability to organize and execute a strategy is the ultimate challenge in today's business environment.
This enables an organization to assess its strategies and formulate new ones hence meet the customers’ demands. Since employees implement strategies, they have to be informed of the strategic missions of an organization. Strategic plans by an organization are always aimed at gaining competitive advantage, as such; human resource practices should be aimed at focusing the employees’ attention to the organization’s major strategies (JobsD.com, 2011). Human Resource as a Competitive Advantage for Organizations From the recent research, it is evident that the human resources are very essential for the competitiveness of organizations. An organization can define its strategic human resource roadmap by availing framework in which to plot a course to its future.
For today’s challenging environments, human capitals are playing an importance role in the organization in order to have dominant position in competitive advantage. Human capital developments are indispensable because it is unique and valuable assets for successful today. Undeniable, practices of human capital development is a significant process to employing and selecting the qualified employees to the organization. So, have a systematic functions and proper practices in strategic way not only can retain and attract the employees, it also can let the organization more understand the demand of employees. Development activities, empowerment, training and energetic participation to decision making process are the examples of human resources management (HRM) practices, all of these can assist employees’ to creative innovative ideas and let them active in innovation process.
Planning is a fundamental tool to full fill important thing for the organization because planning can explain activation and provide directions of activities for organization members. Planning help managerial decision making, goals, and objective for organizations. That can be used by line managers, to evaluate the work activity, reduce the quantity and quality of control, help to project management structure, reduce unnecessary cost or expenses, and to schedule tasks and so on. In addition, planning provides direction, reduce risks of uncertainty, minimize overlapping, wasteful activities, help promote innovation, and help to take fundamental decisions and control the day to day activities in the organization. In general, Sylvia explained that planning helps to increase efficiency, reduce risk, help to achieve objectives, motivate personnel.
WHY MIGHT AN ORGANIZATION ADOPT A STRATEGIC APPROACH TO HUMAN RESOURCE DEVELOPMENT? CRITICALLY DISCUSS WHAT HR PRACTITIONERS CAN DO TO ENSURE IT IS IMPLEMENTED IN PRACTICE. Introduction In globalisation era, managing resources in organisation is a challenge that must be faced by every entity. Their competitive advantages rely on their ability in managing their resources effectively and efficiently. This including human capital as one of the organisation resource.
Today’s global marketplace is constantly changing, thus organizations need to adapt and evolve not only their operations but their culture in order to remain competitive, as well as, ensure the business is sustainable. In order to achieve this challenging feat, organizational leadership and organizational elements such as intent, vision, and performance are necessary. The following essay will discuss the aforementioned elements. Organizational leadership is noted when senior staff members spotlight objectives for the employees, in addition to, escort them towards achieving these goals ("Organizational Leadership," 2015). In other words, the leader will clearly define the company’s goals, develop the tactical plans, and align the appropriate individuals in order to successfully implement the strategy.
Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Recent developments that have taken place in global economy worldwide have changed the way in which relationships between customers, manufacturers and suppliers are created. With the advancements in technology and communication infrastructures, global trade regimes have been opened so that customers are given wide variety of choices. The businesses of recent times have to focus on their customers and select strategy in accordance with their needs and requirements. In order to meet the demands of customers of these days, it has become important for organizations to revalue their propositions so that they can survive in today 's tough competitive environment.